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Browsing by Author "Egorov, G"
Ambrus, A; Egorov, G (Economic Research Initiatives at Duke (ERID), 2012-03-01)Withdrawal penalties are common features of time deposit contracts offered by commercial banks, as well as individual retirement accounts and employer-sponsored plans. Moreover, there is a significant amount of early withdrawals ...
Ambrus, A; Egorov, G (Economic Research Initiatives at Duke (ERID), 2015-12-04)In many contracting settings, actions costly to one party but with no direct benefits to the other (money-burning) may be part of the explicit or implicit contract. A leading example is bureaucratic procedures in ...
Ambrus, A; Egorov, G (Economic Research Initiatives at Duke (ERID), 2015-12-04)Supplementary Appendix to "Delegation and Nonmonetary Incentives."